Spotlight on tax cheats: 47,000 tip-offs sent to ATO

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October 21, 2024

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Unlock the secrets of successful cash flow management with invaluable tips from top business minds.

Unearth how Aussies' rising frustration with tax dodgers led to $16 Billion recovered annually.

Learn how Australia's small businesses are leveraging big data to drive resilience and growth in tough economic terrain.

Australia's debit card surcharge ban could shave off a cool $671m in consumer costs annually.

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Discover how Burch&Co's unique billing model fosters collaboration, not competition, in this insightful interview with founder, Nich Burch.

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Business News

Salesforce and NetSuite are popular CRM platforms with distinct strengths. Salesforce is best for small and mid-sized businesses, while NetSuite suits larger companies due to its ERP functions. Features, pricing, and user support vary between the platforms.

Victorian woman sentenced to 4 years for $600,000 GST fraud. ATO's Operation Protego combats $2 billion fraud. 57,000 offenders identified, with 104 arrests and $300 million penalties.

Concerns about red tape in small businesses have risen faster than worries about cash flow. A new report suggests regulatory improvements. Small businesses seek streamlined compliance.

Medtech startup DermR Health wins SXSW Sydney Pitch Grand Final with innovative technology aiming to prevent billions of unnecessary skin biopsies, revolutionizing healthcare with a lean team.

Combining CRM with email marketing enhances personalization, segmentation, efficiency, and analytics, leading to better connections with customers and improved results for businesses.

Managing online reviews is crucial for businesses. Positive reviews enhance click-through rates and revenue, while negative ones can lead to significant drops. It's essential to prioritize monitoring and managing online presence.

Entrepreneurs often overlook market research before starting a business. Understanding customer needs, willingness to pay, and decision-making factors are crucial for success and avoiding failure.

Geoffrey Moore underscores the importance of data-driven decision-making in maintaining an environmentally friendly enterprise. Leveraging data optimizes resources and enhances supply chain efficiency.

The drone industry is filled with potential pitfalls. Entrepreneurs must prioritize compliance, stay ahead in tech advancements, conduct thorough market research, secure flexible financing, and implement risk management strategies to succeed.

As AI matures, franchising industry leaders are embracing its benefits in operations, customer service, decision-making, and marketing. AI improves efficiencies, supports franchisees, and drives growth through personalized strategies.

Entrepreneurial failure is a common experience. Strategies such as feeling your emotions, talking to others, learning from mistakes, and taking contrary action, can help entrepreneurs cope and grow.

In 2024, AI continues to disrupt industries worldwide, prompting new regulations and demanding strategic investment. Prioritize regulatory compliance, infrastructure, talent acquisition, and realistic profitability projections for success.

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